Marlborough switches 11 funds to single pricing

Will be 'more straightforward and easier to understand'

Marlborough Fund Managers has switched 11 of its products from dual to single pricing in efforts to make costs "more straightforward and easier to understand" for investors.

In an update on the Hargreaves Lansdown platform, the firm said the change will not impact the funds' performance and investors need to take no action. Janus Henderson shifts four funds to singlepricing From today (1 April), the funds will also use swing pricing in order to cover transaction costs. Marlborough said: "Spreads discourage short-term investing, which can be difficult and costly for the fund to manage. Spreads are used to cover the costs funds incur when investors buy and sell the fund. "Swing pricing is fair for existing investors, as the transaction costs are passe...